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Business Excellence In A Digital Era

Published on December 10, 2017

Since the dawn of the new millennium, businesses are experiencing significant changes in the evolving technology environment, with respect to the uncertainty of competitors, products/services, business models and consumer expectations.

With growing competitors of varying scale, we see a rise in the offering of products/services with higher functionality at a lower price and improved customer experience. Their attractive business models constantly evolve to stay relevant in the market and enable customers to meet their demands - anywhere and anytime.

Over the last 2-3 years, with the proliferation of digital media and SaaS based technology, it has been rather difficult for IT teams to keep applications (e.g. CRM, collaboration tools, mailing applications, etc.) away from the enterprise firewall. Today, the concept of leveraging applications and infrastructure from multiple cloud vendors and CSPs (across SaaS, PaaS and IaaS offerings) has become more mainstream.

In an interview with ETCISO, Rishikesh Kamat, Vice President and Global Head of Managed Services Business – Netmagic, discusses about how CISOs are strategizing network security with AI and machine learning investment.

“Network breaches have become a hot target for hackers. CISOs should prepare a multi-layered security strategy to secure the network from next gen threats”, Rishikesh Kamat, Vice President and Global Head of Managed Services Business – Netmagic (An NTT Communications Company).

Data centre-hosting company Netmagic, owned by Japan’s NTT Communications, will soon embark upon its next level of growth by buying over 30 acres of land to set up new campuses in Mumbai, Chennai and Bengaluru.

But unlike in the past, when Netmagic invested in buildings to set up data centres, the company will now build large campuses with at least 10 acres of land in each of the cities, to ensure future expansion can happen much faster.

The movement of cloud ERP to the mainstream seems to be global. Analysts expect the global cloud ERP market to grow rapidly, with market size projections varying between USD 25 bn to USD 30 bn over the next four or five years.

The drive for Digital, both among enterprises and the government, is leading to a boom in data centres. The market in India is estimated at over $2 billion right now and could touch nearly $5 billion by next year. Business Today spoke to Sharad Sanghi, the Managing Director & CEO of data centre service provider Netmagic to understand the trends.